Vantage Point UPDATE: Intermediate-Term and Long-Term Trend Analysis

On Friday May 14th the S&P 500 closed @ 1136, and that was...
  
   +3.9% ABOVE its 12-Month moving average which stood @ 1093.
   +3.1% ABOVE its 40-Week moving average which stood @ 1102.
   -2.9% BELOW its 10-Week moving average which stood @ 1169.


Therefore, the INTERMEDIATE-Term trend IS NEUTRAL to Moderately BEARISH BUT the LONG-Term trend is BULLISH.